Elon Musk’s Twitter told investors its revenue and adjusted earnings fell approximately 40% year-over-year in December, The Wall Street Journal reported on Friday. The Journal, citing people familiar ...
Tag: Earnings
Marvell Technology (MRVL): Earnings Beat Industry’s Past Ill-Fate
Marvell Technology Inc. rose about 2% in the first three days of March. The pertinent question is whether it can continue the climb. In February 2023, MRVL dropped by around 2.5% but managed to gain 2...
Will RIDE stock ( NYSE: RIDE ) outperform Quarter 4 earnings?
Lordstown Motors Corp. (NYSE: RIDE) is a leading electronic vehicle (EV) maker that witnessed selling pressure. The firm is set to declare its (Q4 2022) earnings report on Monday. Over the past few se...
Ford to raise production as U.S. auto sales start to recover
Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish U.S. sales in 2022. The automaker announced Friday tha...
Is Costco stock a ‘buy’ on post earnings weakness?
Costco Wholesale Corporation (NASDAQ: COST) is in focus this morning after reporting weaker-than-expected sales for its holiday quarter. Should you buy Costco stock today? Nonetheless, the retailer sa...
Salesforce Gapped Higher On Better-Than-Expected Earnings. Here’s How To Trade The Stock Now
(Photo by Stephen Lam/Getty Images) Getty Images Salesforce Inc (CRM) beat earnings-per-share estimates after the closing bell on March 1. The cloud-based customer relationship software company held i...
Capital Gains and Dividend Tax Rates for 2022-2023
Investors who have taxable accounts—as opposed to tax-favored retirement accounts such as individual retirement accounts (IRAs) or 401(k)s—are often eligible for lower tax rates on investment income a...
Stocks moving big after hours: SI, CRM, SNOW, OKTA
Pedestrians near Salesforce Tower in San Francisco, California, on Wednesday, Jan. 25, 2023. Marlena Sloss | Bloomberg | Getty Images Check out the companies making headlines after the bell: Salesfor...
Best Buy (BBY) earnings Q4 2023
Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Thursday reported holiday-quarter earnings and revenue that topped Wall Street’...
Macy’s (M) earnings Q4 2022
People wait in line to enter Macy’s department store during Black Friday in New York City on November 25, 2022. Yuki Iwamura | AFP | Getty Images Macy’s shares surged Thursday, as the comp...
Polestar (PSNY) Q4 earnings: EV production ramps up
Polestar 3 Courtesy: Polestar Swedish electric vehicle maker Polestar cut its annual net losses in half last year, while revenue surged and it attempted to set itself apart from other EV startups. The...
Ultralife Corp. (ULBI): Can New Earnings beat 5-year EPS drought?
The Newark, New York-based Ultralife Corp. was founded in 1990. It engages in the manufacturing and sale of products for power stations. Primarily operating through battery & energy products, alon...
Plug Power stock dips on revenue miss, but execs stick with annual sales forecast as new factory ramps up
Green-energy provider Plug Power Inc. on Wednesday stuck with its full-year sales forecast, despite fourth-quarter sales missing expectations. The company — which sells renewable hydrogen fuel and fue...
Ignore Wall Street’s gloom. Stocks do better when earnings fall: strategist
Adios to February, which disappointed many stock investors who enjoyed a bullish start to the year. But fears of a bigger meltdown by those swept up in Wall Street gloom may be in vain, says our call ...
Silvergate may be poorly capitalized, reevaluating strategy in light of ‘regulatory challenges’
Silvergate Capital Corporation told the U.S. Securities and Exchange Commission that it may be “less than well-capitalized” and said it was “reevaluating its business” in a filing with the agenc...
Nio Inc (NYSE: NIO) Stock Price prepares to react in Q4 Earnings
Nio Inc (NYSE: NIO) stock price is near to the 52 week low ahead of the Q4 Earnings Nio Inc Q4 Earnings estimates remain negative at $0.28 and the revenue estimate at $2.39B Technical indicators...
Fundamental Rule Of Thumb Strategy Screen Still Valid In Today’s Market, Here’s Why
. In this article I cover a classic strategy that combines three fundamental factors into a score used to identify promising value stocks. The AAII Fundamental Rule of Thumb screen combines the price-...
Bitcoin inches higher as prices continue in narrow range, Silvergate whipsaws after downgrade
Markets • March 1, 2023, 10:28AM EST Crypto prices were slightly higher halfway through the week, with most trading within a narrow range. Crypto stocks dipped after the open. Bitcoin was tradin...
Tupperware stock slammed after earnings as company swings to a loss
Tupperware Brands Corp. TUP shares were tumbling 28% in premarket trading Wednesday after the maker of kitchen products posted a surprise loss and disclosed that it has identified misstatements in its...
NASDAQ-Listed Crypto Miner Marathon Digital Cancels Earnings Call
Marathon Digital Holdings, a pioneer in Bitcoin mining, announced that it has canceled its webcast and conference call for the fourth quarter which was initially scheduled for today at 4:30 p.m. easte...
Rivian stock down 8% premarket after earnings: Analysts’ share end of 2023 predictions
Rivian (NASDAQ: RIVN) closed at $19.30 +$0.85 (4.61%) on Tuesday, February 28, however, as news circulated of their mixed fourth-quarter earnings in addition to an underwhelming electric vehicle (EV) ...
Kohl’s (KSS) earnings Q4 2022
People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s shares sunk ...
Lowes (LOW) Q4 earnings 2022
A Lowe’s Home Improvement Warehouse worker collects carts in a parking lot on August 17, 2022 in Houston, Texas. Brandon Bell | Getty Images News | Getty Images Lowe’s on Wednesday report...
Opinion: Marc Benioff’s Salesforce fairy tale is crumbling down around him
Salesforce Inc. has been a unique tech company, able to sell itself as a “family” that has higher ideals than just profit to its employees while generating near-universal praise from Wall Street as we...
Marqeta shares dive as first-quarter forecast comes up shy of expectations
Shares of payments-tech provider Marqeta Inc. MQ fell sharply after hours on Tuesday after the company forecast first-quarter sales growth that came in slightly below estimates. The company, whose tec...
Okta’s stock jumps more than 14% as earnings forecast doubles expectations
Okta Inc. shares rallied in the extended session Wednesday after the identity-management software company topped estimates by a wide margin, and executives predicted adjusted earnings that were more t...